AMP
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
6
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
[updated]
Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
9
Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
[updated]
Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
40
Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
[updated]
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
8
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
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Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
[updated]
A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
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A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
29
Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
3
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
[updated]
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
19
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
A closer look at how much of a task it's going to be shifting billions of dollars invested by default KiwiSaver members to new providers and higher risk/return funds
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A closer look at how much of a task it's going to be shifting billions of dollars invested by default KiwiSaver members to new providers and higher risk/return funds
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
2
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
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FMA's inability to have a say in the AMP Life sale prompts a push for a law change requiring it, as the conduct regulator, to be consulted on mergers/acquisitions
Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
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Concerns raised over the RBNZ approving the sale of 200,000 AMP Life insurance policies to a Bermuda-based private equity firm
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
2
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament
8
RBNZ under pressure to protect AMP Life's 200,000 policyholders, as it considers a A$3b proposal from a Bermuda-based firm to buy the policies, and a Bill to regulate insurers' conduct goes through Parliament